Team Inc. (TISI: Quote) announced after the bell Thursday that it reduced its full year 2013 EPS forecast to between $1.70 and $1.85. The consensus estimate is for EPS of $2.03.
Team Inc. gapped open sharply lower Friday and fell in early trade. Shares slipped further around mid-afternoon and closed down by 9.03 at $37.45 on the highest volume of the year. The stock dropped to over a 2-month low and fell below its 50-day moving average.
Click here to receive FREE breaking news email alerts for Team Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org